News
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Blockchain Bandit resurfaces after 2 years, moves all $172M in stolen Ether
The Blockchain Bandit is back. After two years of silence, the infamous crypto thief responsible for one of the most sophisticated Ethereum heists has moved 51,000 Ether—worth $172 million at today’s prices—into a single wallet.Cryptopolitan
Tue, Dec 31
Vietnam Cracks Down on $1 Million Crypto Scam, Saving Hundreds from Financial Ruin
In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company called ‘Million Smiles,’ protecting nearly 300 potential victims from financial exploitation. The scheme, built around a fictitious token called...Bitcoinist
Tue, Dec 31
XRP, Won, and broader crypto market tanks as South Korean court issues arrest warrant for impeached President Yoon
Weeks of escalating political instability fears continue to torment South Korean markets. XRP’s price is down 2% in the last 24 hours, while the won continues to trade below 1,470 per dollar. The arrest warrant issued against former President Yoon Suk Yeol has exacerbated market fears both locally and globally. On Tuesday, the Seoul Western […]Cryptopolitan
Tue, Dec 31
MicroStrategy shares drop 8% after year-end Bitcoin buy, raising concerns over ‘leveraged’ strategy
MicroStrategy shares plunged more than 8% following the recent $209 million purchase of Bitcoin. Investors worry that the company will take on too much debt for these purchases. The Bitcoin purchase happened just an hour before the Nasdaq opened at 2:30 pm UTC. In that hour, MicroStrategy’s stock feCryptopolitan
Tue, Dec 31
Defense industry is anticipating a deal surge as companies expand into AI
Defense companies are set for more deals as they invest their growing cash in new technologies like AI, advanced drones, and space systems. Technology has progressed faster because of conflicts around the world, most notably the war in Ukraine. According to a recent report, Financial Times’ Vertical Research Partners predicts that in the next five […]Cryptopolitan
Tue, Dec 31
Ethereum Market Turns Optimistic: Funding Rates Hint At Potential $4K Comeback
Amid the broader decline in the global crypto market, Ethereum emerged as one of the major cryptocurrencies that has been impacted significantly. Despite already being underperformed in the recent bull run, Ethereum has now experienced a notable correction, dropping to as low as below the $3,500 priNewsBTC
Tue, Dec 31
PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives
The People’s Bank of China (PBOC) digital currencycryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland...Bitcoinist
Tue, Dec 31
Dogecoin To Rally 6,770% If This Pattern Holds: Crypto Analyst
An analyst has explained how Dogecoin could end up witnessing a rally of around 6,770% if this pattern continues to follow for the meme coin. Dogecoin Has Been Trading Inside A Long-Term Ascending Channel In a new post on X, analyst Ali Martinez discussed a long-term pattern in which the weekly pric...NewsBTC
Tue, Dec 31
Nvidia to open-source Run:ai after finally closing its acquisition
US chipmaking firm Nvidia has finally closed the $700 million acquisition of Run:ai, an Israeli software company that makes it easier for customers to orchestrate GPU clouds for AI, after facing some regulatory obstacles.Cryptopolitan
Tue, Dec 31
Bitcoin To Hit $400K? Blockware Weighs In On Trump’s Big Plan
A leading cryptocurrency firm forecasted that Bitcoin price would surge next year, fueled by President-elect Donald Trump’s proposal for a US Strategic Bitcoin Reserve. Crypto company Blockware Solutions sees that Bitcoin could hit $400,000 per coin in a bull run if the proposed BTC reserve pushes t...Bitcoinist
Mon, Dec 30
Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why
Legendary analyst Peter Brandt has provided a bearish outlook for the Bitcoin price. He predicted it could crash to as low as $78,000 and explained why he holds such a bearish sentiment. Peter Brandt Predicts Bitcoin Price Crash To $78,000 In an X post, Peter Brandt predicted that the Bitcoin price ...NewsBTC
Mon, Dec 30
Bitcoin SoV Thesis Gains Traction – Metrics Reveal $1.03 Trillion Now Held On The Network
Bitcoin continues to demonstrate resilience, holding above crucial demand levels after its recent decline from all-time highs. While the market grapples with negative sentiment and a wave of bearish predictions, BTC price action remains steady, offering hope to investors eyeing a potential recovery....Bitcoinist
Mon, Dec 30
Ethereum Price Declines Despite Record Staking And ETF Activity
Recent Ethereum market swings have revealed an interesting disparity between price and network activity. Staking activity has kept rising while ETH retreated to $3,400, a 16% drop from its December peak. Related Reading: Whales Are Back: Dogecoin Price Forecast Soars To $20 Due to investors staking ...NewsBTC
Mon, Dec 30
